Potter George Group has launched a new 450-lot residential project in Bonnie Brook.
The project, named Oaklands, will have an end value of $175 million, and will feature lots ranging in size from 263m2 up to 550m2 and starting from $310,000.
On top of the 450 lots the area will feature 0.5ha of parkland opposite future wetlands and sports reserves, and within walking distance of proposed primary and secondary schools.
Project manager Scott Payten said the organisation is anticipating very high interest in Oaklands given its proximity to lifestyle amenities and transport links.
“This precinct has emerged as a premier residential location in Melbourne’s rapidly growing north-west,” he said.
“Oaklands will have strong appeal with its affordable family-friendly lots, being a short drive from established amenities including Watergardens Shopping Centre and Central Shopping Centre both at Caroline Springs, schools and colleges, medical centres, national parks and public transport options.”
Mr Payten said the Oaklands project follows Potter George Group’s success with the Kerani Heights development in Plumpton.
“In just three years Kerani Heights was transformed from a vacant site to having all 190 lots sold,” he said.
“It shows the demand for quality product in the right locations is very strong.”